Commitments and Contingencies (Details Narrative) |
3 Months Ended | 6 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|---|
|
Oct. 25, 2019
ft²
|
Feb. 26, 2019
USD ($)
ft²
|
Aug. 21, 2017
USD ($)
ft²
|
Jun. 30, 2020
USD ($)
|
Dec. 31, 2019
USD ($)
|
Jun. 30, 2019
USD ($)
|
Jun. 30, 2020
USD ($)
|
Jun. 30, 2019
USD ($)
|
Jan. 02, 2019
USD ($)
|
|
| Commitment And Contingencies [Line Items] | |||||||||
| Operating lease liability | $ 8,482,746 | $ 8,482,746 | |||||||
| Operating lease, right of use asset | 5,539,677 | $ 5,818,983 | 5,539,677 | ||||||
| Increase in operating lease liabilities | (210,227) | $ 279,063 | |||||||
| Lease expenses | $ 310,119 | $ 307,182 | $ 620,237 | $ 507,344 | |||||
| ASU 2016-02 [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Operating lease liability | $ 3,811,000 | ||||||||
| Operating lease, right of use asset | $ 2,400,000 | ||||||||
| August 2017 Lease Agreement [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Area of office space | ft² | 32,733 | ||||||||
| Operating lease, term | 7 years | ||||||||
| Leasehold improvements | $ 1,080,189 | ||||||||
| Irrevocable letter of credit | 400,000 | ||||||||
| Unsecured letter of credit | 400,000 | ||||||||
| August 2017 Lease Agreement [Member] | First Year [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Rent expense | 470,000 | ||||||||
| August 2017 Lease Agreement [Member] | Seventh Year [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Rent expense | 908,000 | ||||||||
| August 2017 Lease Agreement [Member] | Third Anniversary [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Irrevocable letter of credit | 300,000 | ||||||||
| August 2017 Lease Agreement [Member] | Fourth Anniversary [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Irrevocable letter of credit | $ 200,000 | ||||||||
| February 2019 Lease Agreement [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Operating lease liability | $ 855,000 | ||||||||
| Operating lease, right of use asset | $ 855,000 | ||||||||
| Operating lease, option to extend | Per ASC 842, the February 2019 Lease Agreement constitutes a modification as it extends the original lease term and increases the scope of the lease (additional space provided under the amendment), which requires evaluation of the remeasurement of the lease liability and corresponding ROU asset. Accordingly, the Company reassessed the classification of the Leased Premises and remeasured the lease liability on the basis of the extended lease term using the 20 additional monthly rent payments and the incremental borrowing rate at the effective date of the modification of 9%. | ||||||||
| Percentage of incremental borrowing rate from present value of lease | 9.00% | ||||||||
| February 2019 Lease Agreement [Member] | New Premises [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Area of office space | ft² | 30,023 | ||||||||
| Operating lease liability | $ 2,700,000 | ||||||||
| Operating lease, right of use asset | $ 2,700,000 | ||||||||
| February 2019 Lease Agreement [Member] | Total Premises [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Area of office space | ft² | 62,756 | ||||||||
| October 2019 Lease Amendment [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Operating lease, option to extend | The October 2019 Lease Amendment constitutes a modification as it extends the original lease term and increases the scope of the lease (additional space provided under the amendment), which requires evaluation of the remeasurement of the lease liability and corresponding ROU asset. The additional space did not result in a separate contract as the rent increase was determined not to be commensurate with the standalone price for the additional right of use. Accordingly, the Company reassessed the classification of the Amended Total Premises, which resulted in operating classification, and remeasured the lease liability on the basis of the extended lease term using the additional monthly rent payments and the incremental borrowing rate at the effective date of the modification of 8%. | ||||||||
| Percentage of incremental borrowing rate from present value of lease | 8.00% | ||||||||
| Increase in operating lease liabilities | $ 381,000 | ||||||||
| October 2019 Lease Amendment [Member] | Total Premises [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Area of office space | ft² | 63,256 | ||||||||
| October 2019 Lease Amendment [Member] | Amended Premises [Member] | |||||||||
| Commitment And Contingencies [Line Items] | |||||||||
| Area of office space | ft² | 500 | ||||||||